Anne Wojcicki Net Worth 2024

What Is Anne Wojcicki’s Net Worth?

Anne Wojcicki is an American businesswoman and entrepreneur who has a net worth of $150 million. Anne Wojcicki is the co-founder and Chief Executive Officer of the biotechnology and private genetics firm 23andMe.

Anne co-founded 23andMe with Linda Avey and Paul Cusenza in 2006. In 2008, “Time” journal named their private genome check “Invention of the Year.” In 2013, Wojcicki was named “The Most Daring CEO” by “Fast Company,” and he or she co-founded the Breakthrough Prize, which rewards “analysis into curing illnesses and lengthening human life.” Anne was featured on “Forbes” journal’s “Global Game Changers List 2017,” and in 2021, she was ranked #25 on its “America’s Richest Self-Made Women” record and #90 on its “World’s Most Powerful Women” record.

Valuation Peak and Plunge

In June 2021, 23andMe entered right into a merger with Richard Branson’s VG Acquisition Corp and was renamed 23andMe Holding Co. The deal raised practically $600 million and boosted 23andMe’s worth to $3.5 billion. Later in 2021 the corporate went public underneath the ticker image “ME.” As a public firm its valuation briefly hit $6 billion. In 2022 the corporate, which has by no means made a revenue, went by means of three layoffs and bought some components of the enterprise. Unfortunately, by January 2024 the corporate’s inventory value had dropped 99% and it was underneath the specter of being de-listed by NASDAQ. By this level it had burned by means of many of the $1.4 billion it raised.

Google Connection

In the late Nineteen Nineties, her sister Susan was residing in a home in Menlo Park, California. To earn extra cash, in September 1998 Susan rented her storage to 2 Stanford PhD college students who had not too long ago launched an web search engine. Those college students had been Larry Page and Sergey Brin. Their firm was Google.com.

Anne by no means labored for Google however Susan was Google worker #16 and immediately serves as CEO of YouTube. Through Susan, Anne met and commenced courting Sergey Brin. They married in 2007 and had two kids collectively earlier than divorcing in 2015. Technically they separated in 2013.

Early Life

Anne Wojcicki was born Anne E. Wojcicki on July 28, 1973, in Palo Alto, California. Her mom, Esther, is a Jewish journalist and educator, and her father, Stanley, is a Polish American professor emeritus at Stanford University and was previously the chair of the varsity’s physics division. Anne has two older sisters, Susan and Janet, and the family lived on the Stanford campus. Susan is the CEO of YouTube, and Janet is an epidemiologist and anthropologist. As a youngster, Wojcicki loved determine skating and ice hockey, and he or she served as editor of “The Oracle” newspaper at Gunn High School. She additionally wrote for the varsity newspaper and earned a scholarship for her tales about sports activities. In 1996, Anne graduated from Yale University with a Bachelor of Science diploma in biology, and as a college scholar, she was a member of the varsity’s varsity girls’s ice hockey staff. She additionally performed molecular biology analysis on the University of California, San Diego, and the National Institutes of Health.

23andMe

After college, Wojcicki discovered work as a well being care marketing consultant on the funding funds Passport Capital and Investor AB. She spent 4 years as a well being care funding analyst, overseeing investments in well being care with a give attention to biotechnology corporations. Anne turned disillusioned by Wall Street’s perspective towards well being care and determined to modify her focus to organic analysis. In 2006, she turned the co-founder and CEO of the DNA testing firm 23andMe, which is devoted to serving to individuals “achieve deeper insights into private ancestry, family tree and inherited traits.” In 2007, 23andMe acquired a $3.9 million funding from Google, and in 2015, the Food and Drug Administration started approving the corporate’s health-related exams.

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In 2018, 23andMe partnered with GlaxoSmithKline (which invested $300 million within the firm) and gave the pharmaceutical firm unique rights to make use of the check outcomes of 23andMe’s prospects to develop new medicine. Wojcicki introduced the information on the 23andMe weblog, writing, “We all have some illness or well being concern that we care about. 23andMe has created a analysis platform to allow prospects to actively take part in analysis — to not look forward to options to seem, however for individuals to return collectively and make discoveries occur.  By working with GSK, we imagine we are going to speed up the event of breakthroughs. Our genetic analysis — powered by hundreds of thousands of shoppers who’ve agreed to contribute — mixed with GSK’s experience in drug discovery and growth, offers us the very best likelihood for achievement.”

Anne is a member of an “unequalled group of main technologists, scientists, and enterprise innovators” generally known as the Xconomists, and he or she joined the board of the London-based on-line automobile retailer Cazoo in 2021.

Personal Life

Anne met Sergey Brin, the co-founder of Google, by means of her sister Susan Wojcicki, who was Google’s first advertising and marketing supervisor and now oversees YouTube. The couple married in May 2007, they usually welcomed son Benji (born 2008) and daughter Chloe (born 2011) earlier than divorcing in 2015.

After Anne and Sergey cut up up, they continued to run The Brin Wojcicki Foundation collectively, which donated $1 million to the Hebrew Immigrant Aid Society in 2009 and $500,000 to Wikipedia in 2011. That 12 months the inspiration introduced a $50-million problem to assist The Michael J. Fox Foundation for Parkinson’s Research, promising to match donations by means of the top of 2012.

After divorcing Brin, Wojcicki dated former skilled baseball participant Alex Rodriguez for practically a 12 months; they cut up up in 2016.